Investor Presentaiton

PUCT Commissioners and TNMP Regulatory Agenda PUCT Commissioners Name Term Began Term Ends Party Peter Lake (Chairman) April 12, 2021 Sept. 1, 2023 Republican Will McAdams April 1, 2021 Sept. 1, 2025 Republican Lori Cobos (1) Sept. 1, 2021 Sept. 1, 2027 Republican Jimmy Glotfelty Aug. 6, 2021 Sept. 1, 2025 Republican Vacant Sept. 1, 2025 Commissioners are appointed by the Governor of Texas and confirmed by the Senate for 6-year staggered terms (1) Commissioner Cobos was re-appointed by Governor Abbott in 2021 but has not yet been confirmed by the Senate TNMP Regulatory Agenda Filing Action Timing Docket No. TCOS Filing Filed January 26, 2022 (first 2022 filing) DCOS Filing Filed April 5, 2022 TCOS Filing Expected to be filed in July 2022 Approved and implemented March 25, 2022 Expected to be implemented Sept. 2022 Expected to be implemented Sept. 2022 53146 53436 TBD (second 2022 filing) PNM Resour ources® 23

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